Funding you earn now, next payment 00:00 UTC−0.1146%/8h= −125.5% APRnext payment −$5.73 per $10,000 · paid last 24h −0.116%
Price spread now: Binance against Gate−0.014%7-day average −0.098% · you buy dearer than you sell
Net, funding: paid 7d − costs−$170as in the Funding arb table
Net, price: spread back to 7d avg − costs−$160as in the Price arb table
costs, in and out, $10k−$1691.688% of the position
Funding, last 7 days−0.013%−$1 on $10k
+Price spread, last 4 days (all we have)−0.107%−$11 · spread now −0.014%, 7d avg −0.098%
=The price spread pays, funding is against you. Binance is 0.084% dearer against Gate than usual: you sell high and buy low (spread −0.014% now, against its 7-day average of −0.098%): +$8 on $10k if it goes back. Holding the pair costs −$34 a day in funding at the current rate, which eats that in about 6 hours. At the pace of the last 7 days (−0.013% in total) that is about 46 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.013% in total (about -0.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$5.73 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate RIF_USDT | 0.08776 | 0.1246 | pay 0.0623% / 4h | 1h 17m | $150K | $390K | 20x |
| Short | Binance RIFUSDT | 0.08775 | 0.0100 | get 0.0050% / 4h | 1h 17m | $2.1M | $2.8M | 50x |
Gate RIF_USDT
Binance RIFUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$240.66
- Price spread: −0.014% → −0.098%
- $8.44
- Slippage, 4 orders
- −$143.77
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$401
- Costs to cover
- 1.688%
- Break-even
- never at this rate
Slippage from Gate: live order book, 63 min ago; Binance: live order book, 4 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Gate live order book, 63 min ago | 6.85 bp | 60.6 bp −$61 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 4 min ago | 1.14 bp | 19.1 bp −$19 | 137.0 bp −$1,370 | doesn't fit | doesn't fit |
RIF on 6 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX RIF-USDT | +0.0070% | 4h | 0.08776 | 0.000% | — | $2.3M | — | as long as short |
| Aster RIFUSDT | +0.0100% | 4h | 0.08783 | +0.080% | $74K | $9K | 5x | as long as short |
| Binance RIFUSDTshort | +0.0100% | 4h | 0.08775 | −0.014% | $2.1M | $2.8M | 50x | |
| MEXC RIF_USDT | +0.0100% | 4h | 0.08775 | −0.011% | $9.0M | $65K | 20x | as long as short |
| KuCoin RIFUSDTM | +0.0100% | 4h | 0.08778 | +0.018% | $62K | $37K | 20x | as long as short |
| Gate RIF_USDTlong | +0.1246% | 4h | 0.08776 | long leg | $150K | $390K | 20x |
BingX RIF-USDT
Aster RIFUSDT
MEXC RIF_USDT
KuCoin RIFUSDTM